Relevant and even prescient commentary on news, politics and the economy.

Another view of the student loan debt crisis

I have worked with Alan Collinge and Student Loan Justice Org. for at least a decade on student loan bankruptcy. This article was taken from the Tallahassee Democrat. This article has some numbers on who is impacted, which has been presented, and largely ignored here and other places. United States Senator Elizabeth Warren (D-Mass.) and Senate […]

JOLTS report: record low layoffs, near record high quits and job openings

April JOLTS report: record low layoffs, still near record high quits and job openings Late last year, I introduced the idea that the jobs market was similar to a game of musical chairs or perhaps other games as well such as 케이카지노. Employers added or took away chairs, and employees tried to best allocate themselves […]

Manufacturing and construction continue to be positive for the months ahead

Manufacturing and construction continue to be positive for the months ahead Let’s take a look at the new month’s first data, on manufacturing and construction. The ISM manufacturing index, and especially its new orders subindex, is an important short leading indicator for the production sector. Manufacturing and production equipment such as special tooling, patterns, molds, […]

Corinthian College Inc. Student Loan Debt Forgiveness

Student Loan Debt Forgiveness for half a million students from Corinthian Colleges (cnbc.com) An approximate 560,000 Corinthian College Inc. former students will have their loan balances forgiven as announced by U.S. Secretary of Education Miguel Cardona. “As of today, every student deceived, defrauded, and driven into debt by Corinthian Colleges can rest assured that the […]

House prices: signs and portents of an approaching peak?

House prices: signs and portents of an approaching peak? House price increases were still going strong through March, as reported this morning in both the Case Shiller and FHFA house price indexes. The Case Shiller national index rose 2.1% for the month and 20.5% YoY, the biggest YoY% gain ever, while the FHFA purchase-only index […]

May 29th Planted Progress, Caught Up To Averages

The USDA Planted Progress report has just been released today and the progress report now puts 2022 plantings at around the five year averages. Sugar beets are continuing to plant behind average time-frames as Minnesota and North Dakota struggle with weather delays. Per the USDA report, corn, soybeans and other silage are looking about in […]

1st Qtr Revision, PI and Outlays, Durable Goods, and New Home Sales

RJS: MarketWatch 666 Summary: 1st quarter GDP revision; April’s personal income and outlays, durable goods, and new home sales 1st Quarter GDP Revised to Show Our Economy Shrunk at a 1.5% Rate The Second Estimate of our 1st Quarter GDP from the Bureau of Economic Analysis indicated that our real output of goods and services shrunk at […]

The Cultural Marxism – Conservative Christian Consensus on America’s Culture of Violence

The Cultural Marxism – Conservative Christian Consensus on America’s Culture of Violence Gun Culture and the American Nightmare of Violence by Henry Giroux, January 10, 2016: Mass shootings have become routine in the United States and speak to a society that relies on violence to feed the coffers of the merchants of death. Given the profits […]